6/10

Franchimp Summary Rating

10 /10
Lower than 9% of peers

Franchise Summary

Description
Kona Ice businesses provide flavored shaved ice, ice cream, and related products to the general public in a mobile environment ("Kona Ice Business (es) ").
Company Background
Kona Ice is the original shaved ice truck. We've been serving up delicious, refreshing treats for over 25 years! Kona Ice has grown to become one of America's favorite frozen treat providers, with franchises all across the country. But no matter how big we get, our goal remains unchanged: to make people happy through quality products and great customer service. Our trucks are your go-to destination when you want a cool, sweet break from any heatwave or warm day in general!
Franchise Opportunity
The shaved ice and ice cream industry is competitive, and it can be hard to make a name for yourself. Kona Ice has been in the shaved ice and ice cream business for over 10 years, and we have the experience and expertise to help you succeed. Not only do we have the experience, but we also have the products and services to help you grow your business. Kona Ice provides businesses with everything they need to get started, including a custom-built truck or cart, flavored syrups, promotional materials, and more.
Corporate Structure
Kona Ice, Inc. is a Kentucky corporation formed in February 2008.  Their principal business address is 5945 Centennial Circle, Florence, KY 41042. They began offering Kona Ice franchises in March 2008.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Kona Ice Franchisees

Kona Ice Franchise System Development in 2022

FAQ

How much investment do I need to start my own Kona Ice business?
Franchisees typically require at least $167 to $212 investment to get their Kona Ice business started
What are the initial franchise fees for Kona Ice?
Franchisees typically need to pay at least $165 in fees directly to Kona Ice in order to earn the right to launch their business
How much money can I make with a Kona Ice franchise? What are the average revenues for a typical Kona Ice business?
We haven’t done the math on how much revenue a typical Kona Ice brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Kona Ice to generate a similar amount
How long do I need to commit to running a Kona Ice unit? What is my contractual commitment?
Kona Ice franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

10 /10
The Franchisor's investment costs ranges from $167,115 to $212,100 which is Much Lower than the $0 to $0 average in the Frozen Desserts industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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